A loan of $3,450 helped a member to buy new clothing to sell.


La Cantera Group's story

This Communal Bank is called “La Cantera” (The Quarry) and consists of 18 entrepreneurs who engage in the retail trade, specifically selling clothes, preparing and selling fast food, and managing a restaurant. All of the members are from the city of Osorno.


In the photograph, Myrtha is seated on the first row, second from the right. She is wearing a coffee-colored jacket, a white turtleneck sweater, and eyeglasses. Myrtha has been in the retail trade, specifically selling clothes, for the past six years. Her vending stall is located at the open fair, where she sells on Sundays and Wednesdays. The merchandise that she offers varies, but generally she carries clothes for all ages and sizes. The responsibility for buying the clothes is left to her sister who lives in the city of Santiago. She buys the new garments from the distributors and then ships them through the mail. With this loan, Myrtha will buy new clothing. Her goals are to continue with her business, generate more income, and achieve a better quality of life.


Myrtha lives with her 20-year-old daughter who is a university student studying for a degree in Education. Her dreams include seeing her daughter finish her studies and receive her degree. She would love to see this task completed.


Myrtha is very pleased with and appreciative of the loan and services provided by Fondo Esperanza. In addition, she says that she feels very comfortable in the meetings and with her Communal Bank group, which has displayed generosity and unity.


Osorno is a city located in southern Chile, in Los Lagos region. It is an important agricultural center and has been given the nickname of “The Homeland of Milk and Beef” for all of Chile. The agricultural activities that take place in the area include the cultivation of wheat and oats, livestock breeding, meat and milk processing, and the manufacture of farming equipment. Osorno is also the home of the only covered soccer stadium in Chile, the Rubén Marcos Municipal Stadium.

In this group: Myrtha, Claudia, Norma, Rosa, Mónica, Andrés, Mariana, María, Jaime, Nancy, Manuel, Denise, Elegarda, Silvia, Ximena, Herta, Matilde, Dalia

Translator profile picture

Translated from Spanish by Kiva volunteer Ronan Reodica



Loan details


Lenders and lending teams



Loan details